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ALLETE Clean Energy advances growth strategy with sale of wind project in North Dakota

Power News - Published on Mon, 05 Nov 2018

Image Source: reNews
ALLETE Clean Energy, a wholly-owned subsidiary of ALLETE Inc, closed the approximately $84 million sale of the 48-megawatt phase two of the Thunder Spirit wind facility in North Dakota to Montana-Dakota Utilities. Montana-Dakota Utilities, a division of MDU Resources Group which owns and operates Thunder Spirit's first phase also built by ALLETE Clean Energy, exercised a purchase option on phase two included in the project development agreement in March of this year.

ALLETE Clean Energy qualified the project, which brings the Thunder Spirit site to its 155-megawatt permitted capacity, for federal renewable energy production tax credits. The wind facility is located near Hettinger, North Dakota, about 100 miles southwest of Bismarck. The project includes sixteen 3-megawatt Nordex turbines that will produce enough energy for about 15,000 homes. Forty-five people were employed during construction, and 10 will be working at Thunder Spirit I and II during operation.

In 2014, ALLETE Clean Energy acquired the rights to build the 107.5-megawatt first phase of Thunder Spirit, which includes 43 turbines and generates enough electricity to power about 30,000 homes. After the project was completed in 2015, ALLETE Clean Energy sold the wind facility to Montana-Dakota for $200 million, and Montana-Dakota operates the wind farm for its customers.

Mr Al Rudeck, President of ALLETE Clean Energy said that "We are proud to have delivered a competitive energy resource to MDU that will help meet the growing energy needs of their customers. The Thunder Spirit expansion is part of our growing expertise in the energy industry as we now will focus our attention on completion of a second new wind project in North Dakota, the Glen Ullin Energy Center, in as many years, while advancing our company's growth strategy as a clean energy developer, operator and strategic owner."

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Posted By : Rabi Wangkhem on Mon, 05 Nov 2018
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